MPS Limited has informed the Exchange about Voluntary De-Registration (Strike-off) of App-eLearn Pty Ltd (Australia), a step-down subsidiary of the Company, which had no active business operations.
MPSLTD · price
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MPS Limited has informed exchanges about the voluntary strike-off and de-registration of App-eLearn Pty Ltd, a step-down subsidiary incorporated in Australia. The subsidiary was struck off effective 13 May 2026 under Australia's Corporations Act 2001. The company has clarified that App-eLearn Pty Ltd was not a material subsidiary and had no active business operations. The de-registration will have no impact on the revenue, operations, or business activities of MPS Limited. This appears to be a routine corporate cleanup exercise to remove a dormant entity from the group structure.
No material impact on MPS Limited's financials or operations as the subsidiary was non-material and had no active business. This is an administrative cleanup with no direct shareholder implications.